Also, the growing interest and needs of the government and BFSI sectors for end-to-end Information Communication and Technology services, these sectors are more likely to provide an impetus to our performance in the coming quarters, he added.

In a separate filing to the BSE, the company said its Board has approved the extension of its financial year.

"Subject to the approval of the Registrar of Companies, Delhi and Haryana, the Board of Directors has approved the extension of financial year from 12 months to 18 months thereby making the fiscal ending on September 30, 2012," the filing said.

Shares of the company closed at Rs 87.25 a piece, up 5.25% from its previous close on the BSE.

Also, the growing interest and needs of the government and BFSI sectors for end-to-end Information Communication and Technology services, these sectors are more likely to provide an impetus to our performance in the coming quarters, he added.

In a separate filing to the BSE, the company said its Board has approved the extension of its financial year.

"Subject to the approval of the Registrar of Companies, Delhi and Haryana, the Board of Directors has approved the extension of financial year from 12 months to 18 months thereby making the fiscal ending on September 30, 2012," the filing said.

Shares of the company closed at Rs 87.25 a piece, up 5.25% from its previous close on the BSE.